ICICI BANK (India) Today

ICICIBANK -  India Stock  

INR 690.40  7.90  1.16%

ICICI BANK is trading at 690.40 as of the 3rd of August 2021, a 1.16 percent up since the beginning of the trading day. The stock's open price was 682.5. ICICI BANK has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for ICICI BANK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of February 2020 and ending today, the 3rd of August 2021. Click here to learn more.
 Market Performance
12 of 100
  Odds Of Distress
Less than 29
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

ICICI BANK Stock Profile

ICICI Bank Limited provides various banking products and financial services in India and internationally. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India. ICICI BANK operates under BanksRegional classification in India and is traded on National Stock Exchange of India. more on ICICI BANK
ICICI BANK has accumulated about 463.02 B in cash with (211.4 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 66.94.
Legal NameICICI BANK
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ICICI BANK's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
ICICI BANK (ICICIBANK) is traded on National Stock Exchange of India in India and employs 131,232 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 4570 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICICI BANK's market, we take the total number of its shares issued and multiply it by ICICI BANK's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. ICICI BANK operates under Financial Services sector and is part of Banks—Regional industry. The entity has 6.92 B outstanding shares. ICICI BANK has accumulated about 463.02 B in cash with (211.4 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 66.94.
Check ICICI BANK Probability Of Bankruptcy
Ownership
ICICI BANK has a total of six billion nine hundred twenty million outstanding shares. 30% of ICICI BANK outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thereupon, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Please note that no matter how much assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check ICICI Ownership Details

ICICI Stock Price Odds Analysis

What are ICICI BANK's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ICICI BANK jumping above the current price in 90 days from now is about 1.74%. The ICICI BANK probability density function shows the probability of ICICI BANK stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ICICI BANK has a beta of 0.0415. This usually indicates as returns on the market go up, ICICI BANK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICICI BANK will be expected to be much smaller as well. Additionally, the company has an alpha of 0.25, implying that it can generate a 0.25 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 690.4HorizonTargetOdds Up 690.4 
98.23%90 days
 690.40 
1.74%
Based on a normal probability distribution, the odds of ICICI BANK to move above the current price in 90 days from now is about 1.74 (This ICICI BANK probability density function shows the probability of ICICI Stock to fall within a particular range of prices over 90 days) .

ICICI BANK Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ICICI BANK market risk premium is the additional return an investor will receive from holding ICICI BANK long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ICICI BANK. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ICICI BANK's alpha and beta are two of the key measurements used to evaluate ICICI BANK's performance over the market, the standard measures of volatility play an important role as well.

ICICI Stock Against Markets

Picking the right benchmark for ICICI BANK stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ICICI BANK stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ICICI BANK is critical whether you are bullish or bearish towards ICICI BANK at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ICICI BANK without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Risk vs Return Analysis. Note that the ICICI BANK information on this page should be used as a complementary analysis to other ICICI BANK's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for ICICI Stock

When running ICICI BANK price analysis, check to measure ICICI BANK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICICI BANK is operating at the current time. Most of ICICI BANK's value examination focuses on studying past and present price action to predict the probability of ICICI BANK's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ICICI BANK's price. Additionally, you may evaluate how the addition of ICICI BANK to your portfolios can decrease your overall portfolio volatility.
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